iCapital Network has partnered with Rockefeller Capital Management. Wealthfront Advisers agreed to settle SEC’s claims for a $250,000 fine. Bank Of America improves the cash handling processes with a new blockchain patent. Advizr WorkPlace is now available among Alight’s suite of existing financial wellbeing solutions.
iCapital Network has partnered with Rockefeller Capital Management (Rockefeller), an independent financial services firm offering global family office, asset management, and strategic advisory to ultra-net-worth families as well as institutional clients, to increase alternative investment options for the company’s investors.
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The Securities and Exchange Commission said Friday that Redwood City-based Wealthfront Advisers LLC agreed to settle the agency’s claims against the fintech for a $250,000 fine.
In its first actions against robo-advisors, the SEC alleged that Wealthfront, with more than $11 billion in assets under management, made false statements about its investment products and published misleading advertising. Wealthfront settled without admitting or denying that it misled investors about its services.
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Bank Of America (BOA) shares new blockchain patent for improving the cash handling processes. The patent makes cash handling processes more streamlined.
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Advizr WorkPlace announced it has been selected by Alight Solutions, a leading provider of technology-enabled health, wealth and human capital management solutions, to provide its clients’ employees with access to Advizr’s industry-leading financial management and planning technology. Advizr WorkPlace will be an available option among Alight’s suite of existing financial wellbeing solutions.
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